News

Treasury Wine Estates says its walking away from trying to sell its Commercial brands portfolio because the offers received were too low to be considered. At the Premium end of its business, Penfolds delivered an “outstanding result”.

The National Farmers Federation Horticulture Council is calling for an independent review of the national food safety regulators developing new food standards, focused on the updated regulations introduced for berries, leafy vegetables and melons yesterday.

The launch of Allied Pinnacle’s product range using the high fibre wheat brand, Wise Wheat, has been more than 20 years in the making. Following decades of R&D, the wheat contains six times the fibre of regular wheat flour without impacting the texture or flavour of the finished product.

To mark the 50th anniversary of the National Wine Show of Australia, the nation’s capital will host a four-day festival from 12-15 June, set to become an annual tourism event – the National Wine Festival of Australia.

Entries are now open for the 2025 Hive Awards, and close 21 February. Check out 2024's Local Manufacturing Award winner, Openway Food Co.

The government has released its Strategic Examination of R&D discussion paper, prepared by the panel members announced in December, led by Tesla chair and former Telstra CFO, Robyn Denholm.

Breakthrough Victoria has appointed Rod Bristow as its new chief executive officer, managing the Victorian government’s $2 billion Breakthrough Victoria fund. He takes over from inaugural CEO Grant Dooley, who decided to step down in August 2024.

At the end of last week (5pm, 7 February) confectioner Yowie Group called in its loan facility with its major shareholder, Keybridge Capital Limited. Three days later Keybridge went into voluntary administration.

Macadamia company, Marquis Group, has reported a strong 2024 harvest season, closing out with empty warehouses. Growers benefited from a significant increase in the Notional Price, which rose from $1.80/kg in 2023 to $3.20/kg in 2024.

Maxum Foods latest dairy commodity update paints a picture of a still-volatile market, as shifting milk output trends and evolving trade policies impact producers.

A study by The George Institute for Global Health has found only 63 per cent of alcohol products in Australia displayed the mandatory pregnancy warning label, despite being given a three-year period to phase in.

After years of pandemic-driven spikes and subsequent corrections, the latest data from IWSR shows ecommerce sales of alcoholic beverages are forecast to surpass $36 billion by 2028, reflecting a 20 per cent increase in value over the next five years.

2025 marks the 10th annual International Day of Women and Girls in Science, an occasion to promote female role models in science fields and support the creation of an inclusive environment for young women. Food & Drink Business spoke with experienced food and beverage innovation consultant, Dr Angeline Achariya, about the current state of the industry for women in science, and opportunities to improve.

The ACCC has rejected the Infant Nutrition Council’s (INC) application to continue the infant formula marketing agreement for another five years citing concerns over its effectiveness and impact on competition.

Jet Technologies, specialist distributor of products across the FMCG, food and beverage, industrial, manufacturing, printing and packaging sectors, has two BDM positions available in Melbourne.

Entries are now open for the 2025 Hive Awards, and close 21 February. Check out 2024's Best NPD Award winner, Perfection Fresh.